Foundation stone laid for tourist village in Aden [Archives:2002/44/Local News]

October 28 2002

On the occasion of our celebrations of the Yemeni revolution, Alwi Al Attass, state minister for parliament affairs, along with Taha A. Ghanim, Aden governor, laid the foundation stone for Aden’s new tourist village.
The officials were received by Ahmed Sheikh, owners representative.
The project is part of the second phase of the golden coast tourist collection, invested by Al Katheeri Group, which consists of Sheraton Goldmore, the tourist village and the yachts club.
The tourist village project consists of 30 villas of two floors, a meeting hall for 600 person, tennis courts, a trade center, green areas and parking.
The estimated coat of the project is US $17 million, and is to be accomplished in 30 months.
The president has waved taxes on project which exceed $10 million, an enticement for investors to contribute to the development of the country.
Officials also are thankful for support of the government, represented in the Tourism Ministry and local authorities in Aden governorate, for their contribution to developing the tourist activities in Aden.